Plan Ledger DOL Form 5500 · updated monthly

Jbgs Employee Company LLC401(k)

JBG SMITH 401(K) PLAN · BETHESDA, MD · plan year 2024

Reported admin expense ratio · 2024
0.11%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Jbgs Employee Company LLC reported $144,185 in plan administrative expenses for 2024: 0.11% of average plan assets, below the peer median. Employer contributions averaged $3,775 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.15% to 0.11%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other real estate & leasing employers. By assets it is the 134th-largest of 1,671 plans among Maryland employers on file, and the 92nd of 2,096 in real estate & leasing. In 2024, employees put in $2.77 for every $1.00 the employer contributed; active participation has shrunk from 717 to 527 since 2022.

Plan summary
Net assets, end of year$132,313,003
Participants with balances897
Active participants527
Employer contributions$1,989,491
Employee contributions$5,507,830
Employer contribution per active participant$3,775
Average account balance$147,506
Benefits paid to participants$11,459,622
Plan auditUnmodified (clean) audit opinion
AuditorTKR
Plan history3
Yearassets · accounts · employer contribution
2024$132.3M · 897 accts · $2.0M emplr
2023$119.2M · 1,034 accts · $2.2M emplr
2022$103.7M · 1,062 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$92,050
Investment management$30,000
Audit (IQPA)$16,000
Total administrative$144,185
The Jbgs Employee Company LLC 401(k) match · 2024
Employer contribution per active participant$3,775
Median for plans this size$3,635
2024$3,775 per active participant
2023$3,304 per active participant
2022$3,414 per active participant

Jbgs Employee Company LLC's 2024 employer contribution ran above the $3,635 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
EMPOWER ANNUITY INSURANCE COMPANY · Contract administrator · Recordkeeping$92,050
KESTRA ADVISORY SERVICES LLC · Investment advisory (plan)$30,000
TOOLE KATZ & ROEMERSMA LLP · Accounting / audit$16,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Empower
2023Prudential

This plan has changed recordkeepers within these filings. If you left Jbgs Employee Company LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$144,185 · 0.11%
2023$162,380 · 0.15%
2022$177,795 · 0.15%
Same employer
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Bozzuto & Associates, Inc. MD$190.0M · 0.25%
Host Hotels & Resorts L.P. MD$156.0M · 0.02%
Copt Defense Properties, LP MD$108.7M · 0.06%
Federal Realty Op LP MD$76.9M · 0.24%
Klnb LLC MD$65.0M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364861256 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.